Ufoodo is a decentralized exchange that possess all significant elements of an on-demand delivery service. We spend over one hour for every day eating– in all out this number aggregates up to 30.000 hours taking a gander at an entire life and $100.000 (14% of our family unit wage). As the nourishment admission is a human essential need and will dependably be, the sustenance business is one of the most established areas in world's history. The nourishment business' yearly deals in the European Union is in excess of 1.2 trillion.
uPayment
The uPayment-subprotocol is responsible for the payments and the information transfer of the order process. A Payment is released when an order is made and ends with the order checkout. Immediately after the order’s completion, the order details of the client are transferred to the relevant restaurant. At the same time the order will be allocated to a courier by the uAlgorithm. For identification purposes, the allocation of all participants and secondary actors (that means the allocation of the delivery area and the recruiters who are entitled to get commissions from the restaurants and couriers) the public keys of the participants are captured with msg.sender. They are checked and equipped with a clear ID. Furthermore, uPaySment transfers and spreads the payments (with smart contract based breakdowns) of the processing restaurant, the courier and it is a pool for secondary actors as long as the service provision of the restaurants and couriers have been confirmed. The routing within this network is performed by distributed hash spreadsheets, which are routed and created via Kademlia to establish a peer-to-peer connection between the participants.
Ufoodo Ecosystem
Payment
To create a customer friendly experience also Fiat currencies (PayPal and credit cards) are accepted besides the ufoodo-Token due to an external interface. In addition, common crypto currencies should be available. For customers who are not familiar with crypto currencies, we want to provide the opportunity of using the ufoodo platform as simple as possible in sense of mass adaption. The user’s advantage to use the ufoodo-Token is that the transaction fees will not be charged to the customer like with all the other payment methods. Furthermore, the usage of the ufoodo-Token should be rewarded with coupons in the launch phase depending on the budget available.
UFT Token
The fundamental transaction medium is the ERC-20 / 223 conformal UFT token. UFT will initially be programmed and implemented as an ERC-20 on the Ethereum-Blockchain with an option to smoothly upgrade to the ERC-223 interface in future. The ERC-20 & ERC-223 standard allows a flexible and safe usage of the UFT-Token with a simultaneously system compatibility and the same standard.
Functions:
• Secured transactions of payments
• Data privacy
• Usage of services and to interact in the system
• Voting rights
• Project financing and budgeting
• Rewards and salaries
• Trading
Restaurant-Wallet
The restaurant wallet is the most complex wallet type. In this Application designed for tablets, the ground function is to collect incoming orders. With a WIFI connected voucher printer the incoming order will be printed out as kitchen voucher and invoice. It should be integrated as an independent Cash Register System. Due to the different legal requirements in each country, an universal WalletApp will be designed at first but can be customized to the country specific needs. Within the opensource development principles (see Digital Decentral Franchise) a project to professional adapt the App through the community would be thinkable. Furthermore, we as the developer team grasp at a partnership with established cash register system manufacturer.
Deliverer-Wallet
The courier wallet is also planned as an Application. Couriers can work with different tabs:
• apply for a shift or rather agree to do the shift
• during the shift:
• incoming delivery orders are displayed
• navigation
• collect the signature of the client
• the income is displayed
• payout options
For more information, visit;
Website: http://ufoodo.com/
Telegram: https://t.me/ufoodo
Twitter: https://twitter.com/ufoodoproject
Facebook: https://www.facebook.com/ufoodo/
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